Cheap Apartments for Rent in the Mercer Heights Neighborhood of Mercer Island, WA from $500 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mercer Heights area of Mercer Island.

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Westwinds Apartments
1 to 2 Bedroom Apartments

Westwinds Apartments

3059 Island Crest WayMercer Island, WA 98040

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Park Metro
Rent Specials
$1,787 - $3,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,752 - $3,315
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Studio to 2 Bedroom Apartments Available Now

Park Metro

11101 NE 12th StBellevue, WA 98004
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Genoa
Studio Apartments

Genoa

2305 S Plum StSeattle, WA 98144
Corporate Housing
  • Utilities Included
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Spruce Park Apartments
Studio to 1 Bedroom Apartments

Spruce Park Apartments

155 21st AveSeattle, WA 98122
  • Utilities Included
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Madison View
Studio to 1 Bedroom Apartments

Madison View

114 24th Ave ESeattle, WA 98112
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Madison Park View
1 to 2 Bedroom Apartments

Madison Park View

2424 E Madison StSeattle, WA 98112
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Dakota
1 to 3 Bedroom Apartments

Dakota

3642 33rd Ave SSeattle, WA 98144
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119
Studio to 1 Bedroom Apartments

119

119 22nd Ave ESeattle, WA 98122
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Dakotan Apartments
Studio Apartments

Dakotan Apartments

221 23rd Ave ESeattle, WA 98112
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Mercer Heights, Mercer Island, WA Local Guide

Cheapest Available Mercer Heights Apartments for Rent

 

The cheapest available apartment rental in the Mercer Heights area of Seattle, WA is a Studio unit found at Filipino Community Village (Affordable, 55+) priced from $594. Courtland Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Mercer Heights apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio,1BA$594
Courtland PlaceOne Bedroom One Bath1BR,1BA$880
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$950
NOCO ApartmentsStudio GStudio,1BA$1,099
Mt Baker The Maddux ApartmentsStudio AStudio,1BA$1,163
DakotaOne Bedroom One Bath1BR,1BA$1,190
SummerstoneWest StudioStudio,1BA$1,195
Hanford StudiosStudioStudio,1BA$1,200
Columbia Gardens a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$1,250
Abbey Lincoln CourtStudioStudio,1BA$1,259

Best Value Apartments for Rent in Mercer Heights, WA

As of March 20, 2026 the best value apartment in the Mercer Heights area is the $2.05 price per square foot Two Bedroom Model at 12 Central Square in the in the North Bellevue neighborhood starting from $2,558. The second greatest value Mercer Heights apartment is the Three Bedroom Two Bath Model at Dakota starting at $2,200 with a $1.91 price per square foot in the Mercer Heights neighborhood. Here is today’s list of the best values for Mercer Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12 Central SquareTwo Bedroom2BR,2BA$2.05
DakotaThree Bedroom Two Bath3BR,2BA$1.91
Westwinds Apartments2BR/1.0BA2BR,1BA$1.84
SPOKANE AT RAINIER COURT a 55+ Affordable CommunityTwo Bedroom One Bath2BR,1BA$1.79
Le Chateau Apartments1 Bedroom1BR,1BA$2.10
Courtland PlaceTwo Bedroom One Bath2BR,1BA$1.45
Clairemont Apartments1x11BR,1BA$2.20
Columbia Gardens a 55+ Affordable CommunityOne Bedroom One Bath1BR,1BA$2.09
Abbey Lincoln CourtStudioStudio ,1BA$2.33
Filipino Community Village (Affordable, 55+)Studio Homes for Seniors 55+Studio ,1BA$1.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Mercer Heights, Mercer Island, WA

Ranked #1

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mercer Heights, Mercer Island, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Mercer Island. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mercer Heights Apartments

What is a cheap apartment in Mercer Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mercer Heights is under $1,259.

What is the price of a cheap apartment in Mercer Heights?

The cheapest apartment in Mercer Heights is Filipino Community Village (Affordable, 55+) which is listed at $634, while the average apartment in Mercer Heights costs $24,910.

What types of apartments are the cheapest in Mercer Heights?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 63 regular apartments in Mercer Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Mercer Heights?

Cheap apartments in Mercer Heights have an average cost of $176 which is $24,734 cheaper than the average rent for all rentals in Mercer Heights.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.